Ch.15 Supply Chain Final
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Created by:
biancabelmares on December 10, 2011
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31 terms
Terms | Definitions |
|---|---|
 independent demand | demand that is created by customers |
| dependent demand | demand that depend upon decisions made by internal opertations managers |
| materials requirement planning (MRP) | A planning system used to ensure the right quantities of materials are available when needed |
| Bill of materials (BOM) | a detailed description of an "end item" and list of all raw materials, parts, and subassemblies |
| master production schedule (MPS) | quantities of each finished product to be completed each period |
| time bucket | indivdual time period for planning |
| planning horizon | the entire time period covered by the MPS |
| culmative lead time | the longest lead-time path in the BOM |
| available to promise | the part of planned production that is not committed to a customer |
| rough-cut capacity planning | an estimation of the availablity of the critical resources needed to support the MPS |
| inventory status file | a file that contains detailed inventory and procurement records |
| scheduled receipts | quantity that has been ordered but not yet recieved |
| lot-for lot (L4L) | an order for the exact amount needed |
| fixed order quantity (FOQ) | an order for the same amount each time |
| periodic order quantity (POQ) | an order for an amount that covers a fixed period of time |
| gross requirements | the total amount of an end item that is required |
| requirements explosion | the determination of how many additional units are needed |
| net requirements | the minimum amount needed in the period |
| planned order reciept | the amount that is planned to arrive at the beginning of a period |
| planned order release | the amount of an item that is planned to be ordered in a period |
| nervousness | inconsistencies in the plan caused by changes to the MPS |
| distribution requirements planning (DRP) | determination of replenishment and positioning of finished goods in the distribution network |
| infinite loading | the assumption that there is an infinite amount of capacity available |
| capacity requirements planning (CRP) | an estimate of the capacity needed at work centers |
| load profile | a comparison of production needs to actual capacity |
| enterprise resource planning (ERP) system | software that consolidates all of the business planning systems and data throughout an organization |
| advance planning and scheduling (APS) systems | systems that integrate materials and capacity planning into one system |
| deicison support system | provide computing power and data management to make higher-quality desicions faster |
| processing technologies | automate material and data processing to provide 24/7 resource availability, faster processsing, greater consistency, lower cost |
| communications technologies | create greater connectivity and speed flow of richer forms of information |
| integrative technologies | combines data management, communications, decision support, and processing capabilities |
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